Payoneer Global Inc. announced on August 12, 2025, a collaboration with Citi to implement real-time, blockchain-enabled treasury transfers via Citi® Token Services. This new capability allows Payoneer to transfer funds between its global accounts in participating branches and currencies with enhanced speed, automation, and transparency. This initiative represents a step in modernizing Payoneer's financial stack.
The partnership leverages Citi's blockchain-based solution to facilitate money movement across Payoneer-owned accounts. This reduces reliance on traditional payment methods and mitigates delays caused by banking cut-off times, holidays, and weekends. Citi Token Services, launched in 2024, has already processed billions in transaction value and is live in the United States, United Kingdom, Singapore, and Hong Kong branches for USD transfers.
Bea Ordonez, Payoneer's Chief Financial Officer, stated that blockchain-based infrastructure is transforming global money movement. This collaboration with Citi provides the ability to move money in real time across borders, aiming to deliver a faster and more efficient experience for Payoneer's customers. The expected benefits include improved efficiency in liquidity and payments management.
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